Brean Capital Believes PVH Won’t Stop Here

Brean Capital analyst Eric Tracy reiterated a Buy rating on PVH (NYSE: PVH) today. The company’s shares opened today at $111.61, close to its 52-week high of $115.40.

According to, Tracy is a 5-star analyst with an average return of 9.4% and a 55.1% success rate. Tracy covers the Consumer Goods sector, focusing on stocks such as Columbia Sportswear, G-III Apparel Group, and Gildan Activewear.

Currently, the analyst consensus on PVH is Moderate Buy and the average price target is $118.83, representing a 6.5% upside.

In a report issued on October 7, Piper Jaffray also reiterated a Buy rating on the stock with a $124 price target.

PVH’s market cap is currently $8.87B and has a P/E ratio of 13.40. The company has a book value ratio of 1.8469.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. Earlier this month, David Kozel, a the EVP HR of PVH sold 3,000 shares for a total of $335,880.

PVH Corp. engages in the design and market of branded dress shirts, neckwear, sportswear, Jeanswear, intimate apparel, swim products, handbags, footwear and other related products. It operates through the following segments: Calvin Klein, Tommy Hilfiger, and Heritage Brands. The Calvin Klein segment consists of the Calvin Klein North America and Calvin Klein International, which sells under the brand names Calvin Klein Collection, Calvin Klein Platinum, Calvin Klein, Calvin Klein Jeans, and Calvin Klein Underwear. It is also licensed for a range of products, including fragrance, women’s apparel, footwear, eyewear, watches, and jewelry in various regions. The Tommy Hilfiger segment offers tailored clothing, sportswear, denim, accessories, underwear, and footwear; and consists of Tommy Hilfiger, Hilfiger Denim, Hilfiger Collection, and Tommy Hilfiger Tailored. These brands are also licensed for a range of products, including fragrance, eyewear, watches, and home furnishings in various regions. The Heritage Brands segment designs, sources, and markets prominent brand label dress shirts, neckwear, sportswear, swim products, intimate apparel, underwear and related apparel and accessories, as well as the licensing of Van Heusen, IZOD, ARROW, Warner’s, and Olga brands for an assortment of products. The company was founded by Moses Phillips and Endel in 1881 and is headquartered in New York, NY.